According to a recent report issued by Zacks Investment Research, the CRM platform, HubSpot, Inc. is expected to post the fourth quarter sales as $263.98 million. The estimation will be confirmed after HUBS posts its Q4 earnings report. It is expected to come out on the 5th of May.
Apart from Zacks Investment Research, nine other analysts have also issued reports on this company. The highest sales estimate stands at $269.00 million and the lowest is marked at $262.07 million. The company’s record suggests that the stock reported $198.97 million as sales in the corresponding quarter previous year. This suggests that a potential upside of 32.7% this year.
The company’s stocks traded at $448.22 this Monday. Its current market capitalization stands at $20.77 billion. It has a negative PE ratio of 247.63 along with a beta of 1.78 at the moment. The 12-monthly high to low ranges from $547.47 to $105.02. The 50SMA (50 Days Simple Moving Average) stands at $465.69 and its 200SMA stands at $376.35.
NYSE: HUBS Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 11th of February. The earnings at that quarter stood at $0.40 EPS as opposed to the general consensus of $0.42 proposed by analysts at several research firms. The company’s return on equity stands at -4.76% along with a net margin of -9.78%. The estimated income for the firm was marked at $236.36 million but HubSpot, Inc. made $252.07 million for the quarter.
NYSE: HUBS stocks have recently been the subject of a lot of reports by equities analysts. Some such as Summit Insights, Needham & Company LLC, Wells Fargo and Company, KeyCorp, Canaccord Genuity, and so on have posted reports on this firm over the last few months.
Among the analysts who have posted reports on this company, one has issued a “Hold” rating, and a majority of eighteen have given out a “Buy” rating. Therefore, the average consensus on the rating of this company stands at “Buy” and the consensus estimate of the price target is $457.57. Several institutional investors and hedge funds have also lifted their shareholdings in this company over the past few weeks.